1321 Morgan Ct, Melbourne, FL, 32934 | $350/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Melbourne at 1321 Morgan Ct, Melbourne, FL, 32934 uses $125,970 cash to close to unlock $4,202/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $2,872/mo, and a $1,860/mo payment keeps the spread at $350/mo. Purchase price stands at $380,000, and rental yield measures 9.07% with $2,872/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 121.35% and total cumulative return in cash records $152,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,872/mo property income covering a $1,860/mo payment rather than investor’s personal income.

Single Family

Built in 2006

5,662 sqft lot

$N/A/sqft

No HOA